To what extent does COVID-19 affect egyptian egx30 and smes' firm value using garch models?
Joint Authors
Ahmad, Husayn
al-Halabi, Sharif
Sulayman, Hibah Allah A.
Source
Journal of Commercial and Environmental Studies
Issue
Vol. 13, Issue 1 (31 Jan. 2022), pp.28-71, 44 p.
Publisher
Suez Canal University College of Commerce Ismailia
Publication Date
2022-01-31
Country of Publication
Egypt
No. of Pages
44
Main Subjects
Topics
Abstract EN
Through a comparison of Small and Medium Enterprises (SMEs) and listed firms on the Egyptian stock exchange, this research seeks to determine the effects of COVID-19 on the firm value (FV) for SMEs and the EGX 30 index through the period January 12, 2020, to December 31, 2021.
We used a Generalized Autoregressive Conditional Heteroscedasticity (GARCH) model to estimate the volatility of the stock returns.
Empirical results find that the EGX30 index began to show relative stability by the end of 2020, while the TAMAYUZ index for medium and small enterprises is high volatility.
Our findings demonstrate the differing effects of government activities during the epidemic on the two indicators (EGX 30 and TAMAYUZ).
American Psychological Association (APA)
Sulayman, Hibah Allah A.& al-Halabi, Sharif& Ahmad, Husayn. 2022. To what extent does COVID-19 affect egyptian egx30 and smes' firm value using garch models?. Journal of Commercial and Environmental Studies،Vol. 13, no. 1, pp.28-71.
https://search.emarefa.net/detail/BIM-1394442
Modern Language Association (MLA)
Ahmad, Husayn…[et al.]. To what extent does COVID-19 affect egyptian egx30 and smes' firm value using garch models?. Journal of Commercial and Environmental Studies Vol. 13, no. 1 (Jan. 2022), pp.28-71.
https://search.emarefa.net/detail/BIM-1394442
American Medical Association (AMA)
Sulayman, Hibah Allah A.& al-Halabi, Sharif& Ahmad, Husayn. To what extent does COVID-19 affect egyptian egx30 and smes' firm value using garch models?. Journal of Commercial and Environmental Studies. 2022. Vol. 13, no. 1, pp.28-71.
https://search.emarefa.net/detail/BIM-1394442
Data Type
Journal Articles
Language
English
Notes
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Record ID
BIM-1394442